Financial Restructurings
COMMONWEALTH OF PUERTO RICO - ERS
Client: Commonwealth of Puerto Rico - ERS
Country: Puerto Rico
Sector: Sovereign / Municipal
Value: US$3.0 billion
Completion: March 2022
Description: BroadSpan acted as exclusive financial advisor to the UBS Puerto Rico Family of Funds (the “Funds”) with respect to the restructuring of the debt of the Employees Retirement System of the Government of Puerto Rico (“ERS").
Province of Buenos Aires Committee
Client: Province of Buenos Aires Bondholder Committee
Country: Argentina
Sector: Sovereign / Province
Value: US$7.2 billion
Completion: September 2021
Description: BroadSpan acted as financial advisor to the bondholders of the Buenos Aires Steering Committee in the restructuring of the Province’s debt.
Province of Cordoba Creditors Committee
Client: Province of Cordoba Creditors Committee
Country: Argentina
Sector: Sovereign / Province
Value: US$1.7 billion
Completion: January 2021
Description: BroadSpan acted as exclusive financial advisor to the Cordoba Steering Committee in the restructuring of the Province’s debt.
Ecuador Creditors Committee
Client: Ecuador Steering Committee
Country: Ecuador
Sector: Sovereign
Value: US$17.4 billion
Completion: August 2020
Description: BroadSpan acted as co-financial advisor to the Ecuador Steering Committee in the restructuring of Ecuador’s sovereign debt.
Belize Creditors Committee
Client: Belize Creditors Committee
Country: Belize
Sector: Sovereign
Value: US$526.5 million
Completion: August 2020
Description: BroadSpan acted as exclusive financial advisor to the Belize Creditors' Committee in modification of terms of Belize’s sovereign debt.
FMO & DEG
Client: FMO & DEG
Country: Costa Rica
Sector: Agribusiness
Value: Undisclosed
Completion: June 2020
Description: FMO & DEG has restructured its stake in Upala Agricola. BroadSpan acted as exclusive financial advisor to FMO & DEG.
TRINIDAD PETROLEUM HOLDINGS LIMITED– PETROTRIN
Client: Petrotrin Creditors Committee
Country: Trinidad
Sector: Oil & Gas
Value: $570,295,500
Completion: June 2019
Description: Broadspan acted as exclusive financial advisor to the Creditors’ Committee.
Commonwealth of Puerto Rico – COFINA
Client: Commonwealth of Puerto Rico – COFINA
Country: Puerto Rico
Sector: Sovereign
Value: Undisclosed
Completion: January 2019
Description: Broadspan acted as exclusive financial advisor to the Creditors’ Committee.
Zurich Insurance Group
Client: Zurich Insurance Group
Country: Switzerland
Sector: Insurance
Value: Undisclosed
Completion: September 2018
Description: Broadspan acted as exclusive financial advisor to the Zurich Insurance Group.
THE COMMITTEE OF CAP CANA BONDHOLDERS
Client: Cap Cana Creditors Committee
Country: Dominican Republic
Sector: Real Estate Development
Value: US$189,531,200
Completion: July 2017
Description: BroadSpan acted as exclusive financial advisor to the Cap Cana Creditors' Committee in Cap Cana's corporate debt restructuring.
BELIZE CREDITORS COMMITTEE
Client: Belize Creditors Committee
Country: Belize
Sector: Sovereign
Value: US$526.5 million
Completion: March 2017
Description: BroadSpan acted as exclusive financial advisor to the Belize Creditors' Committee in the restructuring of Belize’s sovereign debt.
The Grenada Creditor's Committee
Client: The Grenada Creditor's Committee
Country: Grenada
Sector: Sovereign
Value: US$260.0MM
Completion: November 2015
Description: BroadSpan acted as exclusive financial advisor to the Grenada Creditors' Committee in the restructuring of Grenada's sovereign debt.
Corporación Multi Inversiones
Client: Corporación Multi Inversiones
Country: Guatemala
Sector: Conglomerate
Value: Undisclosed
Completion: July 2015
Description: BroadSpan acted as exclusive financial advisor to Corporación Multi Inversiones.
Lupatech Creditors' Committee
Client: Lupatech Creditors' Committee
Country: Brazil
Sector: Oil & Gas
Value: US$275.0MM
Description: BroadSpan acted as exclusive financial advisor to the Lupatech Credtors' Committee in the restructuring of Lupatech's perpetual bonds.
Belize Creditors Committee
Client: Belize Creditors Committee
Country: Belize
Sector: Sovereign
Value: US$584.7 million
Completion: March 2013
Description: BroadSpan acted as exclusive financial advisor to the Belize Creditors' Committee in the restructuring of Belize’s sovereign debt.
Steering Group of TOCLUB Bondholders
Client: Steering Group of TOCLUB Bondholders
Country: Panama
Sector: Real Estate Development
Value: US$220.0 million
Completion: July 2013
Description: BroadSpan acted as exclusive financial advisor to the Steering Group of TOCLUB Bondholders in the restructuring of TOCLUB’s financial debt.
Trinidad Cement Limited
Client: Trinidad Cement Limited
Country: Trinidad, Barbados, Jamaica
Sector: Construction Materials
Value: US$304.3 million
Completion: May 2012
Description: BroadSpan acted as exclusive financial advisor to TCL in the restructuring of its outstanding debt obligations.
St. Kitts & Nevis Creditors Committee
Client: St. Kitts & Nevis Creditors Committee
Country: St. Kitts & Nevis
Sector: Sovereign
Value: US$136.3 million
Completion: April 2012
Description: BroadSpan acted as exclusive financial advisor to the GSKN Creditors' Committee in the restructuring of St. Kitts’ sovereign debt.
GFN
Client: GFN
Country: Dominican Republic
Sector: Telecom
Value: US$740.7 million
Completion: April 2010
Description: BroadSpan acted as exclusive financial advisor to GFN in the restructuring of Tricom’s financial debt.
Fibria
Client: Fibria
Country: Brazil
Sector: Pulp and Paper
Value: Undisclosed
Completion: October 2009
Description: BroadSpan acted as exclusive financial advisor to Fibria in the refinancing of restructured debt.
Cap Cana Creditors Committee
Client: Cap Cana Creditors Committee
Country: Dominican Republic
Sector: Real Estate Development
Value: US$250.0 million
Completion: May 2009
Description: BroadSpan acted as exclusive financial advisor to the Cap Cana Creditors' Committee in Cap Cana's corporate debt restructuring.
Belize Creditors Committee
Client: Belize Creditors Committee
Country: Belize
Sector: Sovereigns
Size: US$546.8 million
Completion: February 2007.
Grenada Creditors Committee
Client: Grenada Creditors Committee
Country: Grenada
Sector: Sovereign
Value: US$276.0 million
Completion: November 2005
Description: BroadSpan acted as exclusive financial advisor to the Grenada Creditors' Committee in Grenada's sovereign debt restructuring.
Movicom
Client: Movicom
Country: Argentina
Sector: Telecom
Value: US$488.7 million
Completion: November 2005
Description: BroadSpan acted as exclusive financial advisor to Movicom in its corporate debt restructuring.
Nortel Networks
Client: Nortel Networks
Country: Brazil
Sector: Telecom
Value: US$220 million
Completion: January 2005
Description: BroadSpan acted as exclusive financial advisor to Nortel in the GVT debt restructuring.
Banco Mercantil
Client: Banco Mercantil
Country: Dominican Republic
Sector: Financial Institutions
Value: US$61.0 million
Completion: March 2004
Description: BroadSpan acted as exclusive financial advisor to Banco Mercantil in its corporate debt restructuring.
Nortel Networks
Client: Nortel Networks
Country: Mexico
Sector: Telecom
Value: US$450.0 million
Completion: June 2003
Description: BroadSpan acted as exclusive financial advisor to Nortel in the Unefon debt restructuring.
TV Cidade
Client: TV Cidade
Country: Brazil
Sector: Media
Value: Undisclosed
Completion: December 2002
Description: BroadSpan acted as exclusive financial advisor to TV Cidade on the renegotiation of vendor debt.